Revenue segments as reported by the company.

Cable Network Programming

Television

Other, Corporate and Eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Operating expenses

Selling, general and administrative

Depreciation and amortization

Impairment and restructuring charges

Interest expense, net

Interest income

Other, net

Equity (losses) earnings of affiliates

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Twenty-First Century Fox

Fox is an American multinational mass media corporation that is based in Midtown Manhattan, New York City. It is one of two companies formed from the 2013 spin-off of the publishing assets of News Corporation, as founded by Rupert Murdoch in 1979.

National Geographic in partnership with 21st Century Fox, the Society operates the magazine, TV channels, a website that features extra content and worldwide events, and other media operations. 21st Century Fox owns 73% of National Geographic.

National Geographic

Star TV  sometimes styled as "STAR TV" (standing for Satellite Television Asian Region), is an Asian TV service owned by 21st Century Fox. In 2009, News Corporation restructured Star Asia into 3 units – Star India, Star Greater China and Fox International Channels Asia.

Star TV

Regency Enterprises  is an American entertainment company formed by Arnon Milchan. It was founded in 1991 as the successor to Regency International Pictures formerly known as Embassy International Pictures N.V.

Regency Enterprises

Endmol Shine Group is a Dutch production company of scripted and non-scripted television, responsible for programmes such as Big Brother, MasterChef, The Biggest Loser and Hunted. Endemol Shine Group companies include Dragonfly, Kudos, and Princess Productions.

Endmol Shine Group

Fox Corp. engages in providing television production and broadcasting services. It also provides news under the brands FOX News Media, FOX Sports, FOX Entertainment and FOX Television Stations, and Tubi Media Group. It operates through the following segments: Cable Network Programming, Television, and Other and Corporate. The Cable Network Programming segment refers to the production and licensing of news and sports content distributed primarily through traditional cable television systems, direct broadcast satellite operators, and telecommunication companies and online multi-channel video programming distributors. The Television segment focuses on the acquisition, marketing, and distribution of broadcast network programming. The Other and Corporate segment relates to the FOX Studio Lot, Credible Labs Inc, corporate overhead costs, and intracompany eliminations. The company was founded by Keith Rupert Murdoch on May 3, 2018, and is headquartered in New York, NY.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

FOXA reports strong Q3 earnings, addresses challenges and opportunities

FOXA's Q3 2023 earnings call highlighted robust revenue growth, strong EBITDA, and free cash flow, while also addressing challenges and uncertainties raised by analysts. The company's performance, particularly in advertising and streaming, positions it well for future opportunities.

FOX Corporation excels in Q2 2023 with record revenue and strategic focus

Twenty-First Century Fox (FOXA) demonstrated strong financial results driven by revenue growth and operational excellence across key segments. The company's focus on content quality, viewer engagement, and strategic decision-making underscored its competitive position in the media industry. While challenges and competition persist, FOX Corporation's commitment to innovation and value creation bodes well for future performance and shareholder returns.

Fox Corporation reports strong Q3 earnings and strategic growth focus

Fox Corporation's Q3 2023 earnings call showcased robust revenue growth, strong EBITDA, and a focus on shareholder value through capital returns.
While facing challenges such as net losses and market dynamics, the company's strengths in market leadership and strategic decision-making provide a solid foundation for growth.
Opportunities lie in expanding revenue streams, leveraging digital platforms like Tubi, and embracing innovation to drive future success in a competitive media landscape.

Twenty-First Century Fox (FOXA) reports record fiscal year 2023 performance

Twenty-First Century Fox (FOXA) delivered a strong fiscal year 2023, marked by record revenue and EBITDA growth. While facing challenges such as rising production costs and industry competition, the company's strengths in financial stability and shareholder value return position it well for future opportunities in content expansion and international market growth.

Fox Corporation reports mixed Q1 performance, optimistic about future growth

Twenty-First Century Fox (FOXA) reported a mixed performance in Q1 2024 with total revenues slightly above the prior year, driven by affiliate fee revenue growth but offset by a decline in advertising revenues. The company's focus on core brands, successful programming, and strategic partnerships positions it well for future growth despite challenges in the advertising market. Opportunities in Tubi's growth and linear advertising remain key focus areas for Fox Corporation.

Fox Corporation reports mixed Q2 results but sees growth opportunities

Fox Corporation's Q2 2024 earnings call showcased growth in affiliate fee revenues and Tubi metrics, strong sports advertising demand, and successful programming in FOX Entertainment. Despite challenges such as declining quarterly adjusted EBITDA and total company revenues, the company's new sports platform partnership presents opportunities in the cord-nevers market.

FOX Corporation reports solid Q3 performance, eyes growth through digital

FOX Corporation's Q3 2024 performance reflects resilience and growth in key segments despite challenges in advertising revenues. With a focus on digital platforms and strategic partnerships, the company is well-positioned to capitalize on opportunities in the sports media landscape and drive future growth.

Twenty-First Century Fox (FOXA) reports robust fiscal '24 performance

Twenty-First Century Fox (FOXA) delivered strong financial performance in fiscal '24, with notable achievements across its segments. The company is well-positioned to capitalize on opportunities in affiliate fees, digital growth initiatives, and sports streaming services. Challenges lie in maintaining momentum and navigating competitive dynamics in the evolving media landscape.

Fox Corporation excels in Q1 2025 with record revenues and strategic focus

In summary, Twenty-First Century Fox (FOXA) demonstrated robust financial performance in Q1 2025, driven by strong results across its key segments, including Fox News, Tubi, and Fox Sports.
The company's focus on revenue diversification, operational efficiency, and shareholder value creation underscores its resilience and strategic foresight in navigating the dynamic media landscape.
While challenges such as sustaining viewership levels and adapting to digital trends persist, Fox Corporation's proactive approach and commitment to innovation position it well for future growth and success.

Revenue

Cost of revenue

Gross profit

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Charter Communications

Comcast

Disney

Warner Bros Discovery Inc

The key question for pay TV distributors such as Comcast, Charter and DirecTV is whether they'll be able to offer the same sports bundle as the joint venture.

Pay TV distributors may be planning their attack against new sports joint venture

NEW YORK , Feb. 14, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) ("FOX" or the "Company") announced today its live, in-person 2024 Upfront event on Monday, May 13 , in a return to The Hammerstein Ballroom at The Manhattan Center. Hosted by FOX's President of Advertising Sales, Marketing and Brand Partnerships, Jeff Collins, the event will highlight how the company's leadership position in Sports, Entertainment, News and Streaming delivers real, measurable results for its valued partners.

FOX TO HOST 2024 UPFRONT EVENT MONDAY, MAY 13

NEW YORK--(BUSINESS WIRE)--FOX Weather, FOX News Media's free ad-supported streaming television (FAST) weather service, has expanded distribution to Hulu + Live TV and TCLtv+, effective February 13th, announced its president Sharri Berg. In making the announcement, Berg said, “As the fastest growing weather service, we are excited to further expand our platform, bringing Hulu + Live TV and TCLtv+ audiences FOX Weather's premium live weather news programming.” FOX Weather is available to Hulu +.

FOX Weather Expands Distribution to Hulu + Live TV and TCLtv+

The planned venture from Disney, Warner and Fox would combine their live-sports channels into a streaming package.

Former Apple Executive Among CEO Candidates for New Sports-Streaming Venture

Sports is still the top reason people say they're paying for cable, but soon they'll have an alternative. The planned streaming service from Walt Disney, Fox, and Warner Bros.

Did Disney, Fox, and Warner Bros. Discovery Just Put the Nail in the Coffin for Traditional Cable TV?

Legacy media companies like Disney have struggled to monetize sports streaming. A combined sports streaming service makes sense for both the broadcaster and customers.

Disney, Warner Bros. Discovery, and Fox Are Teaming Up on Sports Streaming.

The owner of more than 60 local TV stations that saw its stock hammered after this week's stunning news of a joint venture to create a sports bundle slammed Wall Street investors for overreacting.

Wall Street's overreacted to Fox, Disney, Warner Bros' joint sports venture: EW Scripps CEO

Experts say the new app will likely get the ball rolling on reshaping the pay-TV landscape as streaming giants like Amazon, Apple and Netflix continue to hike up the already staggering price for sports rights.

Fox, Disney, Warner Bros Discovery sports streaming venture sends ‘shockwaves' through TV industry

Investors are miscalculating the bundle's popularity and incorrectly pricing in that local stations won't be included, EW Scripps CEO Adam Symson told CNBC.

Wall Street is overreacting to new sports joint venture, says EW Scripps CEO

The NFL and NBA are digesting the details behind a new platform that looms over their businesses.

Streaming Venture From ESPN, Fox and Warner Blindsides Sports Leagues

Three of the largest media companies Disney, Fox FOXA and Warner Bros Discovery have announced plans to launch a joint streaming sports service, with all of their sports properties available under one app. The announcement came as revenue from their linear television properties continue to decline from cord cutting and lower audiences for most programming with the exception of live premium sports.

Disney, Warner Bros. Discovery & Fox Combine To Offer Streaming Sports

Fox's (FOXA) Q2 results reflect improvements in fees from owned and third-party FOX affiliates, offset by the absence of the FIFA Men's World Cup and lower political advertising revenues.

Fox (FOXA) Q2 Earnings Beat Estimates, Ad Revenues Decline

Fox Corporation (FOX) Q2 2024 Earnings Call Transcript

The joint sports streaming platform of Fox Corp , Walt Disney's ESPN and Warner Bros Discovery is expected to be priced at above $40 per month, CNBC reported on Wednesday, citing sources.

Sports streaming platform including Disney, Fox to cost above $40/month - CNBC

The headline numbers for Fox (FOXA) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Fox (FOXA) Reports Q2 Earnings: What Key Metrics Have to Say

Fox Corp. CEO Lachlan Murdoch is certain that that the company's new sports venture with Disney and Warner Bros. Discovery will be “additive” and not threaten Fox's still-lucrative pay-TV business. The venture was announced Tuesday and has set media tongues wagging.

Fox CEO Lachlan Murdoch Sees New Sports Streaming Venture Reaching “Tens Of Millions” Of Cord-Nevers “Without Undermining The Traditional Bundle”

Fox saw revenue dip 8% last quarter to $4.23 billion on weaker advertising due in part to tough comps from the year before. The fiscal second-quarter numbers hit the day after Fox with Disney and Warner Bros. Discovery set a fall launch date for joint streaming sports venture with.

Fox Earnings Hit By Lower Advertising Revenue Last Quarter

NEW YORK , Feb. 7, 2024 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX; "FOX" or the "Company") today reported financial results for the three months ended December 31, 2023. The Company reported total quarterly revenues of $4.23 billion as compared to the $4.61 billion reported in the prior year quarter.

FOX REPORTS SECOND QUARTER FISCAL 2024 REVENUES OF $4.23 BILLION, NET INCOME OF $115 MILLION, AND ADJUSTED EBITDA OF $350 MILLION

Disney stock surged into a buy zone ahead of earnings. The Dow Jones giant is fending off two activist investors from its board of directors and partnered with rivals on a new sports streaming service.

Disney Earnings Due Amid Warner Bros., Fox Sports Deal, 3-Way Board Battle

The joint venture announced by Disney, Fox and Warner Bros. Discovery will offer a lot, but it may not be enough on its own for serious fans.

ESPN, Fox and Others to Launch Sports Streaming Service: What to Know

ESPN, Fox and Warner Bros Discovery have reached agreement on a new streaming platform for live sports content, the companies said on Tuesday.

Networks unite to create new sports streaming platform

Another streaming service will soon be added to the pile when The Walt Disney Company (NYSE:DIS)'s ESPN, Fox Corp (NASDAQ:FOXA) and Warner Bros Discovery Inc (NASDAQ:WBD) jointly launch a yet-to-be-name sports streaming platform. Viewers will have access to the breadth of sports content owned by the three media giants, including FIFA World Cup, Formula 1, NFL, PGA, UFC, NBA Major League Baseball (MLB) and other major events on the sporting calendar, including college sport.

Disney's ESPN, Fox and Warner to launch sports mega-streamer

Fox, ESPN and Warner Bros. Discovery have announced a joint venture to launch a new streaming sports service in the United States.

Fox, ESPN, Warner Bros. Discovery to Launch Streaming Sports Service

Walt Disney's ESPN (DIS), Fox (FOXA), and Warner Bros. Discovery (WBD) are teaming up to create a joint sports streaming service that could help them better compete with rivals.

ESPN, Fox, and Warner Bros. Discovery Team Up to Offer Joint Sports Streaming Service

The new offering will include games from all four major US sports leagues, including the NFL, NBA, NHL and MLB as well as major college conferences.

News for Twenty-First Century Fox Stock (FOXA)